BitcoinSistemi
2025-11-22 21:29:06

BREAKING: An Altcoin Listed on Major Exchanges Hacked – Hacker Minted 1 Billion Tokens, Price Plummets

According to breaking news, the PORT3 token has been hacked. The hacker has minted 1 billion tokens and is currently releasing them. PORT3 is currently traded on Bybit and Gate, and MEXC exchanges, and on Binance, it is available on Binance Alpha, a pre-listing pool. Graph showing the decline in price. According to on-chain data, an unknown attacker exploited a vulnerability in a smart contract to mint 1 billion PORT3 tokens. The market value of the minted tokens is estimated at approximately $13.07 million. The attacker quickly began releasing the minted tokens into the market. So far, they have converted 156 million PORT3 to 1445.3 BNB for approximately $2.03 million. The remaining 844 million PORT3 remain in the attacker's wallet, creating potential selling pressure. *This is not investment advice. Continue Reading: BREAKING: An Altcoin Listed on Major Exchanges Hacked – Hacker Minted 1 Billion Tokens, Price Plummets

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.